Question: Given the following information, what is the expected return on a portfolio which is invested 40 percent in stock A and 60 percent in stock

Given the following information, what is the expected return on a portfolio which is invested 40 percent in stock A and 60 percent in stock B? State of Probability of Return if State Occurs Economy State of Economy Stock A Stock B Boom 20 % 18% 14% Normal 80% 9% 6%

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